The Financial Times (FT) Masters in Management (MiM) 2025 rankings have been released, with the University of St. Gallen in Switzerland reclaiming its top position. The rankings highlight the continuing dominance of European business schools and the rising presence of Indian institutions.

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Globally no changes in first 3 positions University of St Gallen, HEC Paris and Insead takes 1st , 2nd and 3rd places.
IIM Bangalore tops in India and overall ranked 28th, jumped by 13 places in compare last year 2024 (41)
SP Jain Institute of Management & Research (SPJIMR) Mumbai slipped by 7 places and lost top position in India
MDI Gurgaon jumped by 13 places in compare last year 2024 (85)
SCMHRD Pune, NMIMS Mumbai, IMT Ghaziabad not in top 100 B School list.

Key Highlights of the FT MiM 2025 Rankings

University of St. Gallen Rises Again: After briefly losing the top spot in 2024, the University of St. Gallen’s MiM program is once again ranked number one globally. The school has a long-standing history of being at or near the top of the rankings, known for its small class size and strong alumni network.
European Schools Dominate: The top 10 is predominantly made up of European business schools, with notable entries from France and Spain. This reflects the deep-rooted tradition and high quality of MiM programs in the region. Other top-ranked European schools include HEC Paris, which is a frequent competitor for the top spot, and INSEAD.
India’s Performance decline: Indian business schools performance decline overall but increase in Ranking of Few B School. This year only 11 B Schools enters into top 100 B Schools, The Indian Institute of Management Bangalore (IIM B) has climbed to 28th globally.
Diversity and ESG: The rankings also consider factors like diversity among faculty and students, as well as the school’s focus on environmental, social, and governance (ESG) and net zero teaching. IIM Bangalore, for instance, saw a dramatic leap in its carbon footprint rank, moving from 73 to 13.

FT Business School MiM Ranking 2025

Colleges Name	Rank 2024	India Rank 2024	Rank 2025	India Rank 2025
IIM Bangalore	41	3	28	1
IIM Ahmedabad	37	2	34	2
SPJIMR Mumbai	27	1	35	3
IIM Calcutta	56	5	41	4
IIM Lucknow	55	4	57	5
XLRI	65	6	58	6
IIM Kozhikode	68	7	69	7
MDI Gurgaon	85	11	72	8
IIM Indore	83	10	85	9
IIM Udaipur	81	9	98	10
IMI Delhi	86	12	99	11
SCMHRD	76	8	N.A	N.A
NMIMS	94	13	N.A	N.A
IMT Ghaziabad	97	14	N.A	N.A